The worse may be here now, but just like in older times, this too shall pass.Condominium sales in Miami dropped sharply, but the real picture depends on whose vantage point it is viewed from. It is often said that a person’s misfortune is somebody else’s gain. As investors lament on how bad real estate market has become these past few months, Miami’s airport remains vibrant with the comings and goings of home buyers who believe that the pot of gold sits right on the same spot where others lost theirs.Bargains are everywhere and for an investor who has a longer purse string; he could smell the sweet scent of victory miles away. Second home buyers have a plethora of vacation or retirement homes to choose from, as well as investment properties to sit on a few months until the cloud of doom over real estate market clears away. Experts however do not see yet the silver lining; they, in fact, believe that the worse is yet to come.But investors remain upbeat over the fortune that they will amass in the event that the situation reverses itself, as it always does. In not so distant past, the real estate market also experienced the crunch, but it rebounded easily; there is no reason it won’t be able to do the same now.Condominium prices in Florida are experiencing a shard dive at 35-40%; in Miami-Dade County, far worse. But Florida is a hotspot for a lot of other reasons; it remains as one of the top picks among tourist destinations in the world. This keeps the buoyed up feeling among investors who believe that despite the risk of a slow turn-around, the future still looks brighter if they purchase now when the market is down. The feeling of “making money out of other people’s misfortune” may not sit well on the conscience for a while however it still remains a business move too hot to miss.Miami, in particular, has always been a hotspot among tourists and real estate investors, not just for its beaches. In previous years, Miami seemed to be a Mecca of investment properties; all throughout Miami, the real estate fever was raging like a bull. Condominiums rose up to the skyline like a flight of birds. Supply met demand squarely on its face. Today, it’s a 4:1 ratio – that’s 4 condominiums up for sale, with just one taker.This is the apparent basis of doomsayers declaring an ever sharper downturn in prices in the coming months. When supply outlasts demand in four-folds, prices can take an even sharper dive, and the market an ever harder climb. Buyers who are propelled by greed to snatch hot bargains at a time the market is experiencing one of its temporary defeats may not have the last laugh.But for now that worst-case scenario remains inconceivable in the minds of investors who smelled money as soon as their plane touched ground at Miami airport. The state is a haven of opportunity and grandeur. It is a place where most people can have their cake of the best life – and eat it, too. This is the reason why despite the downturn, real estate market in Miami and in Florida in general will always bounce back. And when that happens, those who are making a killing on the cash registers now will surely have a field day when the market comes full circle.
Tag Archives: building
Raise Capital With Private Investors
If you have launched your own startup, your first biggest challenge is to raise capital. Fortunately, you choose from a lot of options to raise the funds your business needs. Among all the sources, crowdfunding is one of the best ones as it helps redefine how startups can get off the ground. In this article, we are going to help you know the benefits of raising capital with private investors through a crowdfunding platform. Read on to find out more.
Benefits of raising capital with private investors
1. Funding is not equity-based
First of all, crowdfunding is not necessarily equity-based. Although startups have the liberty to use the equity in order to catch the attention of potential investors, It’s not required to give up ownership to collect capital.
The good news is that some platforms allow their members to apply a reward-oriented approach in order to raise capital. For instance, if your business deals in a specific product, make sure you hand over a few units to your prospective investors before you roll it out for the ultimate users.
2. Attracting potential investors is easy
With crowdfunding, you can attract a lot of potential investors without putting in a lot of effort. Although you can try for angel investors, keep in mind that this process can cost you a lot of time. The reason is that you will have to pitch your small business concept several times.
On the other hand, if you use a crowdfunding platform, you will have to post your business pitch in only one place. And this page will be ready by hundreds of investors from across the globe.
These platforms have a lot of useful features that may help startups collect funds from investors. So, attracting potential investors and raising capital will be much easier using crowdfunding platforms.
3. Higher visibility
Crowdfunding can help you make your startup more visible. Since marketing may consume a large chunk of your budget, it makes sense to use a crowdfunding platform instead. For potential investors, it’s easy to fund a crowdfunding campaign.
And these activities can help boost the visibility of your brand. Plus, you can also attract investors for your next funding rounds.
The Bottom Line
If you want to raise funds for your startup, crowdfunding can be the best choice. All you need to do is become part of a crowdfunding platform and you will be able to tap into the pool of potential investors. And this will help you kick start your business and make it a success in the industry.
5 Tips To Help You Purchase An Air Purifier For Your Business
Today, businesses around the world are getting back to normal after the pandemic. However, there is still a lot of risk of airborne transmission of bacteria and viruses. Due to wearing a mask and staying away from people, most people have become weaker as far as immunity is concerned. Therefore, they are unable to protect themselves against respiratory viruses, such as the common cold and flu. If you are in this situation, we suggest that you invest in a good air purifier. Given below is a description of 5 tips that can help you purchase the best unit.
Technology
We suggest that you go for the best technology to cover your needs. According to the Centers for Disease Control and Prevention (CDC), air purifiers with HEPA filters can help you capture tiny particles of COVID-19. As a supplemental treatment, you can also go for germicidal ultraviolet light.
The good thing about HEPA filters is that they are made to capture more than 99% of airborne particles. They also have a high filtration capacity.
Strong Airflow
According to CDC, your chosen unit should have a powerful fan for the best circulation of air in your home or office. In other words, you cannot use residential units in your office or other commercial building. The reason is that they have weekend fans.
The point is that high-powered fans create a lot of air pressure. The idea is to make sure that there is enough airflow for proper air circulation across the whole place. For a commercial, you may want to invest in a medical-grade air purifier.
Reputation
Reputation is another major factor that you must consider. If you want to purchase a business air purifier, we suggest that you don’t just buy from any reputable brand. What you need to do is consider independent scientific testing performed in real-life situations. Besides, these tests should be done at a reputable center for validating claims.
Besides, you may want to consider case studies and get in touch with a few quoted customers in order to know about their experience. As a matter of fact, most buyers can happily share their views about the products that they have purchased.
So, you may want to read the sustainability credentials of the manufacturer before making this purchase for the first time.
Cost
You may want to purchase these devices as if you are going to make an investment. You may not want to take it as a cost or expense. Unlike a residential air purifier, hospital-grade units are far more expensive. Therefore, you may want to consider the cost factor before setting your project and purchasing these units for your business needs.
Conclusion
Long story short, we suggest that you consider these essential factors if you are going to purchase an air purifier for your business for the first time. The idea is to ensure that you get the best product that will cover your needs and stand the test of time. Hopefully, these five tips will help you make an informed decision.